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Azerbaijan's Blasto CJSC wins tender opened by local mining company for exploration work

Business Materials 20 October 2020 11:59 (UTC +04:00)
Azerbaijan's Blasto CJSC wins tender opened by local mining company for exploration work

BAKU, Azerbaijan, Oct. 20

By Fidan Babayeva - Trend:

Azerbaijan’s AzerGold mining company and Blasto CJSC signed a contract worth over 18.9 million manat, Trend reports citing the country’s e-procurement portal.

According to the portal, the winner of the tender announced by AzerGold for work on the exploration services of drilling, geotechnical (hydrogeological and engineering-geological) and geophysical research, laboratory analysis, and preparation of projects for the primary exploitation of fields has been determined.

By decision of the tender commission, Blasto CJSC was selected as the winner of the tender, added the portal.

Earlier, in accordance with the order of the President of Azerbaijan dated August 6, 2020, within the preparation of the primary assessment document for the re-commissioning of the Dashkasan iron ore deposit, AzerGold CJSC started geophysical research and geological exploration. The deposit with reserves in the volume of 350 million tons of ore was continuously exploited from 1954 to 1994, during which 92 million tons of minerals were extracted.

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